Cyber premium growth slows, though long-term outlook still promising: Moody’s
Increased competition and stagnating demand, especially in the US, are decelerating the pace of premium growth in the global cyber insurance market for the second year in a row, Moody’s said in a new report. Citing Munich Re data, Moody’s…
Ambac finalises $420m sale of legacy financial guaranty units to Oaktree
Ambac Financial Group has completed the sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac Assurance UK Limited, to funds managed by Oaktree Capital Management for $420 million in cash. The cash sale of Ambac Assurance Corporation…
The Fidelis Partnership launches new Accident & Health MGA
The Fidelis Partnership (TFP) has announced the launch of a new managing general agent (MGA), Corsiam Specialty Limited, which will focus on underwriting a broad portfolio of global Accident & Health (A&H) insurance and reinsurance business. Corsiam was launched through…
Talent gap a challenge for the re/insurance industry amid evolving global landscape: Toucan
The global insurance and reinsurance industry is facing a significant talent gap, a challenge exacerbated by outdated recruitment practices and, in some cases, a lack of understanding of specialised industry roles, Marco Silva and Lucian Chiroiu, co-founders of Toucan, shared…
Resolution Life appoints Jeff Davies as CFO
Resolution Life, a global life insurance group focused on reinsurance and managing life insurance portfolios, has announced the appointment of Jeff Davies as Chief Financial Officer (CFO), effective 2nd March 2026. Davies will provide strategic direction and leadership for all…
Howden US names Mark Peterson as Head of its Construction, Infrastructure and Surety practice
Howden, the insurance broker, has appointed Mark Peterson as Head of its Construction, Infrastructure and Surety practice in the United States. In this role, Peterson will be responsible for building the practice and developing a comprehensive solution for clients across…
Markel appoints Clarice Francis as Operations Manager for War & Terrorism
Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Clarice Francis as Operations Manager for War and Terrorism. In this role, Francis will focus on enhancing operational efficiency within the International War and Terrorism team,…
DB Pensions Forum 2025
Our DB Pensions Forum 2025 series held in Glasgow, Leeds, Birmingham, London and Manchester, discussed the future of DB schemes.
Occupations with Large Shares of Workers Who Rely on Individual Market Coverage
This analysis examines the share of adult workers in occupations that rely more heavily on individual market coverage for health insurance, which is largely made up by the Affordable Care Act (ACA) Marketplaces.
Florida’s Praxis Reciprocal Exchange obtains OIR license
A newly established Florida domiciled property insurer, Praxis Reciprocal Exchange (PRE), has received its certificate of authority from the Florida Office of Insurance Regulation (OIR). PRE will operate as a reciprocal insurer, owned by its policyholders and managed by Pre…